OT - The party of the rich is...
Eisboch wrote:
"HK" wrote in message
...
Unfortunately, tax laws in this country are the result of lobbying, and,
of course, are sharply skewed to favor the wealthiest. The one proposal
Mike Huckabee made that I liked was a national sales tax, with exemptions
for lower-income workers and retirees (with incomes up to a certain
level), in place of our patchwork quilt of income taxes and deductions. As
presented, Huckabee's plan is not workable, but it certainly is a starting
point.
Every election cycle one or more candidates proposes "sweeping reforms" to
the IRS tax structure, ranging from it's elimination and replacement with a
national sales tax or an across the board fixed percent of income plan.
Nothing ever comes of these proposals.
Eisboch
Unfortunately, and as a result, the rich keep getting richer, the middle
class gets smaller, and the number of those clawing to stay even increases.
Trickle-down economics works very well if you are trickling down your
wealth to your descendants.
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